U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses

The Labor Department’s CPI, due at 12:30 UTC, is expected to show the cost of living increased by 0.1% in May, following April’s 0.3% increase, according to FactSet. That would keep the annual inflation rate steady at 3.4%. Meanwhile, the core figure, excluding the volatile food and energy metrics, is forecast to rise 0.3% for May, matching April’s pace.

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